Street view of 3015 Eastern Ave
1 / 6
45score
$100,000
MLS Street view
Search photos

3015 Eastern Ave

Indianapolis IN 46218 · Single Family · built 1947
2 bd1 ba727 sqft$138/sqft vs ZIP $138 −0%
1.61 lender DSCR (est.)
Rent covers the estimated payment 1.61× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,073/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.

DSCR 1.61
The underwriting

The numbers (estimates, illustrative)

$100,000List price
$1,073Rent estimate / mo
1.61Lender DSCR (est.)
$1,192Taxes / yr · county assessor
$138ZIP median $ / sqft
45/100Deal Score

Monthly picture (illustrative)

Rent est.$1,073
− Mortgage (P&I)−$524
− Taxes−$99
− Insurance−$42
= Cash flow before vacancy & repairs$408

The numbers

Price
$100,000
$ / sq ft
$138 ZIP median $138
Rent estimate
$1,073/mo ZIP + bedroom comps
Property taxes
$1,192/yr 2% cap on assessed value $59,600
PITIA (assumed)
$665/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.61 rent ÷ PITIA · lender floor 1.20
Deal Score
45/100 DSCR 1.61

The property

Beds / baths
2 / 1
Living area
727 sq ft
Lot
7,405 sq ft
Year built
1947
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22094252
Listed
Apr 14, 2026
Days on market
186
Listing agent
Corey Dawkins · Keller Williams Indy Metro Ne
3176400778 · coreydawkins@kw.com
Price history
First asked $100,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.

AnalyzeAsk Triad